Chris335 UE Diary

BARCLAYCARD
Credit Card
Date Commenced:19/11/1984
Balance £7,845
Date Last Full Payment: April 2010
Status: Default issued -31/05/2012
Account Owner: Link Financial Outsourcing Ltd.

29/01/18: CCA Request sent
20/02/18: Update - Have not yet received a reply to the CCA request from Link Financial (Barclaycard)
19/04/18: Letter received asking why I have stopped making payments, stating they have cancelled the repayment plan. They stated they are still committed to recovering the debt by negotiation but will pursue me through my local county court if I fail to respond.
26/06/18: Letter received from Link Financial stating that they have now sold the debt onto IDR Finance. Looks like a standard template letter requesting that I talk to them about repaying the debt. I have still had no reply regarding the CCA request sent 29/01/18. Letter Ignored and filed away.

I found the aad forum in November 2017 and have found the information and advice here very helpful. I am currently in negotiations with my creditors and have decided to take the unenforceability route.

About my situation; I was made redundant in 1990 and consequently went self-employed. Within a year or two things were going well and I ended up working freelance for a total of 17 years. Everything was fine until I lost two of my main clients at the same time. I began to use credit cards to get by and keep the business going. The borrowing limits on my cards were very high and things had got out of hand. I then found employment, but the wage was a lot less and I couldn't afford to pay the minimum payments. I struggled to make ends meet until 2010, then I sought financial advice. I started on a DMP plan and have been paying reduced payments ever since. In 2012 I was made redundant again and was out of work for 7 months, but I somehow continued to pay the DMP. October 2017, my DMP was up for yearly review. Realising my reduced payments will go on for years, I looked into an alternative solution. I stopped the DMP in November 2017 and have begun negotiations to try and partially settle the debts. The DCA's or creditors have not been very cooperative, so here I am beginning my UE Diary.

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